Annual living expenses and living wage estimate for Alaska by family type and select boroughs

Area Single adult annual expenses Two adult, two children family annual expenses Living wage for single adult*
Anchorage Municipality $47,713   $118,206   $18.58 
Fairbanks North Star Borough $50,401   $120,462   $19.63 
Juneau City and Borough $50,460   $120,132   $19.65 
Kenai Peninsula Borough $50,185   $110,441   $19.54 
Matanuska-Susitna Borough $49,205   $111,792   $19.16 

Notes: Boroughs are the primary substate jurisdiction in Alaska. The five listed boroughs are the most populous in Alaska, containing approximately 80% of the state's population.

*Assuming wages cover 81% of expenses and the remainder is covered by non-wage income, social insurance, and means-tested transfers.

Source: EPI Family Budget Calculator (EPI 2024b).

View the underlying data on